
Argentine President Javier Milei is preparing to host the South American Common Market (Mercosur) Summit Wednesday and Thursday in Buenos Aires, during which he will have to welcome his Brazilian colleague Luiz Inácio Lula da Silva, with whom he does not see eye to eye after calling him names during the 2023 campaign.

Italian Foreign Minister Antonio Tajani told his Uruguayan counterpart Mario Lubetkin Friday that Rome favored finalizing the free trade agreement between the European Union (EU) and the South American Common Market (Mercosur), provided Europe's agricultural sector is protected, thus aligning with concerns from France and others about South American imports.

Presidents Nicolás Maduro of Venezuela and Luiz Inácio Lula da Silva of Brazil Wednesday expressed their solidarity with former Argentine head of State Cristina Fernández de Kirchner after her sentence to six years under house arrest for corruption in the so-called Vialidad scandal was upheld earlier this week.

Before flying to Israel, Argentine President Javier Milei met in Nice this week with his French colleague Emmanuel Macron during the United Nations Oceans Conference to discuss the long-stalled Mercosur-European Union trade agreement.

Despite some alignment on climate issues, Brazilian President Luiz Inácio Lula da Silva's state visit to Paris on Thursday was marked by tensions over trade, Ukraine, and Gaza. Lula urged French President Emmanuel Macron to support the Mercosur-EU trade agreement, emphasizing it as a response to rising protectionism. French farmers called on Macron on Wednesday to reiterate their “firm” rejection.

Argentina's Ambassador to Uruguay, Alan Beraud, announced that Presidents Yamandú Orsi of Uruguay and Javier Milei of Argentina will meet at a Mercosur summit in Buenos Aires on July 3, 2025, during the transfer of the Southern Common Market's (Mercosur) Pro Tempore Presidency.

World leaders from across Latin America and beyond have paid tribute to former Uruguayan President José “Pepe” Mujica, who passed away at the age of 89, remembering him as a global symbol of humility, social justice, and unwavering principles.

Germany's newly appointed Chancellor Friedrich Merz traveled on his first day in office to Paris and Warsaw to further push for European unity. With French President Emmanuel Macron he discussed bilateral ties, European security, US trade tariffs, and the Ukraine conflict. He also supported the EU-Mercosur trade agreement, despite France's reservations due to environmental concerns.

Former Paraguayan President and Yacyretá Binational Entity (EBY) Director Nicanor Duarte Frutos said Argentine President Javier Milei's decree adjusting the energy tariff from US$ 17 to US$ 28 per megawatt-hour (MWh) was the right thing to do and insisted that the measure did not violate any treaty. It rather establishes an effective charge for energy consumption to be paid by his country's National Electricity Administration (ANDE) and the Wholesale Electricity Market Administration Company (CAMMESA).

Argentine President Javier Milei signed Decree No. 303/2025, authorizing a new Operating Agreement for the Yacyretá Hydroelectric Power Plant, a binational entity co-owned by Argentina and Paraguay. The agreement sets a tariff increase from US$17 to US$28 per megawatt-hour (MWh) to optimize supply, ensure financial stability, and support technological modernization